Air Products and Chemicals (NYSE:APD) Stock Price Target Raised at Royal Bank Of Canada

Air Products and Chemicals (NYSE:APD) had its price target hoisted by Royal Bank Of Canada from $346.00 to $359.00 in a research note published on Friday morning,Benzinga reports. They currently have an outperform rating on the basic materials company’s stock.

Several other research analysts have also issued reports on the stock. Sanford C. Bernstein reissued an “outperform” rating and issued a $373.00 price target on shares of Air Products and Chemicals in a research report on Friday, July 31st. Morgan Stanley set a $320.00 price objective on Air Products and Chemicals in a report on Monday, August 3rd. Mizuho upped their price objective on Air Products and Chemicals from $345.00 to $355.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Weiss Ratings upgraded Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, October 27th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $320.00 price objective on shares of Air Products and Chemicals in a report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $334.24.

Air Products and Chemicals Stock Performance

Shares of APD traded down $4.88 during trading hours on Friday, reaching $304.61. 1,075,823 shares of the company traded hands, compared to its average volume of 965,353. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.92 and a current ratio of 1.08. The stock’s fifty day moving average is $294.94 and its 200 day moving average is $290.92. Air Products and Chemicals has a 1-year low of $229.11 and a 1-year high of $324.00. The stock has a market cap of $67.83 billion, a P/E ratio of 127.99, a price-to-earnings-growth ratio of 2.98 and a beta of 0.67.

Air Products and Chemicals (NYSE:APD) last released its earnings results on Thursday, November 5th. The basic materials company reported $3.61 earnings per share for the quarter, hitting analysts’ consensus estimates of $3.61. The business had revenue of $3.56 billion for the quarter, compared to the consensus estimate of $3.33 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%. The firm’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period last year, the business earned $3.39 earnings per share. Equities research analysts anticipate that Air Products and Chemicals will post 14.40 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, February 8th. Stockholders of record on Monday, January 4th will be paid a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Monday, January 4th. Air Products and Chemicals’s dividend payout ratio is -3,290.91%.

Hedge Funds Weigh In On Air Products and Chemicals

Several hedge funds have recently added to or reduced their stakes in the company. State Street Corp lifted its position in Air Products and Chemicals by 277.4% during the 2nd quarter. State Street Corp now owns 38,161,451 shares of the basic materials company’s stock valued at $10,597,451,000 after purchasing an additional 28,050,956 shares during the period. BlackRock Inc. bought a new stake in shares of Air Products and Chemicals during the second quarter worth approximately $5,370,093,000. Bank of America Corp DE lifted its holdings in Air Products and Chemicals by 14.3% in the first quarter. Bank of America Corp DE now owns 4,443,531 shares of the basic materials company’s stock valued at $1,290,801,000 after buying an additional 556,188 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Air Products and Chemicals by 326.7% in the second quarter. Envestnet Asset Management Inc. now owns 3,348,573 shares of the basic materials company’s stock valued at $927,010,000 after buying an additional 2,563,873 shares during the period. Finally, Aristotle Capital Management LLC lifted its holdings in Air Products and Chemicals by 0.5% in the first quarter. Aristotle Capital Management LLC now owns 2,683,883 shares of the basic materials company’s stock valued at $779,665,000 after buying an additional 14,262 shares during the period. Institutional investors own 81.66% of the company’s stock.

Key Air Products and Chemicals News

Here are the key news stories impacting Air Products and Chemicals this week:

• Positive Sentiment: Fiscal Q4 adjusted EPS of $3.61 met consensus, while revenue rose 12.3% year over year to $3.56 billion, above estimates. The company also reported 12% growth in full-year adjusted EPS, reduced capital spending, and more than $2 billion in new electronics wins. Air Products fiscal 2026 results and guidance
• Positive Sentiment: Air Products forecast fiscal 2027 adjusted EPS of $14.15–$14.50, above its fiscal 2026 result of $13.45, indicating continued expected earnings growth.
• Positive Sentiment: RBC raised its price target to $359 and maintained an Outperform rating; Mizuho also raised its target, to $360, and kept an Outperform rating. RBC raises price target
• Neutral Sentiment: Barclays lowered its target to $346 from $353 but retained an Overweight rating, leaving its view positive while signaling a slightly reduced valuation outlook. Barclays recommendations
• Negative Sentiment: Reported GAAP results were weighed down by significant charges tied mainly to exiting two China coal-gasification projects. Full-year GAAP EPS was $2.39, far below adjusted EPS of $13.45, highlighting execution and project-related risks despite stronger core performance.

Air Products and Chemicals Company Profile